XRP could be approaching a new low for the year, according to market analyst Lingrid, who recently shared an updated outlook on the asset’s price 0 she maintains a bearish stance in the short term, Lingrid also highlighted the exact price point that could invalidate this downward outlook and signal a potential 1 Overview At the time of analysis, XRP was trading at approximately $2.44, marking a 14% decline for the 2 asset’s performance follows a brief recovery after the October 10 market-wide crash, which affected most major 3 this rebound, XRP has struggled to establish a sustained uptrend, continuing to exhibit weakness relative to the broader digital asset 4 first presented her detailed outlook on October 18, when XRP hovered around $2.33.
The token had shown minor intraday recovery at the time, but her technical review confirmed that XRP remained confined within a descending channel on the four-hour chart, a pattern that has persisted since late 5 Continuation Toward $2.10 Lingrid’s chart identified a blue descending trendline cutting through the channel, effectively dividing it into two 6 trendline has acted as a consistent resistance level, restricting any sustained move toward the channel’s upper 7 early October, XRP briefly broke above this internal resistance, climbing to $3.10 before meeting significant selling 8 resulting rejection pushed the price back within the channel’s 9 decline intensified following the October 10 selloff, which forced XRP below $2.70.
Attempts to recover, including a move toward $2.63 on October 13, were unsuccessful, as the token again failed to overcome the trendline 10 on these repeated rejections, Lingrid stated that XRP continues to form lower highs and lower lows, a structure typically signaling an ongoing bearish 11 this pattern hold, she believes XRP could fall to around $2.10, marking the lower boundary of the descending 12 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Conditions for a Reversal Despite the prevailing downtrend, Lingrid outlined conditions that could invalidate her bearish 13 indicated that a decisive break above $2.45 could trigger a trend reversal, with the potential for XRP to rise as high as $2.83 in the short 14 broadly, a close above the $2.50 level would signal renewed buying pressure and a shift toward bullish 15 analyst also noted that external market factors could support a reversal.
A potential pivot in Bitcoin’s market direction from bearish to bullish could lift XRP and other altcoins. Additionally, macroeconomic shifts could enhance liquidity conditions across the crypto 16 pointed to JPMorgan’s recent assessment that the 17 Reserve may soon conclude its quantitative tightening program, a move that could ease liquidity constraints and improve overall investor 18 Market Sentiment While Lingrid’s analysis emphasizes caution, other market observers remain more 19 EGRAG Crypto recently argued that XRP’s monthly chart still shows structural strength, with no confirmed breakdowns. Similarly, analyst Ali Martinez highlighted a buy signal from the TD Sequential indicator on the four-hour chart, suggesting a possible short-term 20 now, XRP’s next move will depend on whether it can hold above key technical levels and whether broader market dynamics turn more favorable.
A break above $2.45 could offer the first sign that bullish momentum is returning to the 21 : This content is meant to inform and should not be considered financial 22 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 23 are urged to do in-depth research before making any investment 24 action taken by the reader is strictly at their own 25 Tabloid is not responsible for any financial 26 us on Twitter , Facebook , Telegram , and Google News
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